Job Designation: Chief Accountant
Job Summary
The Chief Accountant is responsible for managing and overseeing the organization’s accounting operations, ensuring accurate financial reporting, maintaining financial controls, and ensuring compliance with statutory regulations. The role involves supervising the monthly closing process, managing reconciliations, preparing MIS reports, coordinating with auditors, and ensuring all financial transactions are recorded accurately and in a timely manner.
Designation
Chief Accountant
Location
Mumbai
Department
Accounts
Key Responsibilities
Oversee the monthly financial closing process, including reviewing journal entries, reconciliations, and variance analysis
Ensure all accounting transactions are recorded accurately, processed on time, and within approved authorization limits
Verify that financial transactions are correctly entered into the accounting system
Ensure supplier and customer invoices are prepared on time and properly reconciled
Monitor student activity-related accounting and ensure expenditures remain within approved budgets
Reconcile bank balances regularly with bank statements and resolve discrepancies promptly
Prepare MIS reports and provide financial data as required by different departments
Address and respond to audit queries and coordinate with internal and external auditors
Ensure timely compliance with statutory requirements such as GST, PF, TDS, and other applicable regulations
Show the full description
Prepare year-end financial statements and support the annual audit process
Perform any additional responsibilities assigned by senior management
Strong knowledge of accounting principles, financial reporting, and statutory compliance
Ability to manage financial processes, maintain accuracy in records, and ensure adherence to internal controls
Educational Qualifications
Chartered Accountant (CA) qualification is preferred.
Master’s degree in Accounting, Finance, Commerce, or a related field
Professional Certifications
Relevant professional certifications in accounting, taxation, or finance will be an added advantage
Professional Experience
Minimum 10 years of experience in general accounting and tax compliance
Skills and Competencies
Strong communication and interpersonal skills
High level of punctuality, reliability, and professional integrity
Advanced proficiency in Microsoft Excel
Familiarity with SAP or similar ERP systems
Strong analytical and problem-solving abilities
Ability to work effectively within a team environment
